Altara Corporation provides the following information related to its inventory during the month of August 2024 August 1 twitntery on levd-3,200 whits: cost 57.30 esch. Aupst bi Furchased 16,000 uniti for 56 -70 each. dupust is Sold 12 , hea anits for 553 , pe each. Aagust 25 sold 11, 800 units for $12,20 ench. Aupust 28 Purchesed 5,200 , units for 35 , so each. Avpust in Irventory on hund 9,460 , inites. Using calculations based on a petpelual inventory systern, determine the mentory balance Alten would report in is August 34,2024. balance sheet and the cost of goods sold it would (eport in iss August. 2024 income statement ishe last-in, first-out (LFO)